ATI Inc. $ATI Stock Holdings Lowered by Jupiter Asset Management Ltd.

Posted by Geri Gentry on May 30th, 2026

Jupiter Asset Management Ltd. lessened its position in ATI Inc. (NYSE:ATI – Free Report) by 9.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 125,139 shares of the basic materials company’s stock after selling 12,749 shares during the period. Jupiter Asset Management Ltd.’s holdings in ATI were worth $14,361,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Channing Capital Management LLC boosted its position in shares of ATI by 34.2% during the third quarter. Channing Capital Management LLC now owns 1,109,160 shares of the basic materials company’s stock worth $90,219,000 after buying an additional 282,529 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in ATI by 53.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 25,648 shares of the basic materials company’s stock valued at $3,103,000 after acquiring an additional 8,939 shares during the period. Nordea Investment Management AB acquired a new stake in ATI in the 4th quarter valued at approximately $6,114,000. First Financial Bankshares Inc bought a new stake in ATI during the 3rd quarter valued at $1,589,000. Finally, Intech Investment Management LLC raised its stake in ATI by 96.6% during the 3rd quarter. Intech Investment Management LLC now owns 52,090 shares of the basic materials company’s stock valued at $4,237,000 after acquiring an additional 25,590 shares in the last quarter.

ATI Trading Up 2.9%

NYSE:ATI opened at $175.47 on Friday. The stock has a fifty day simple moving average of $155.63 and a 200 day simple moving average of $135.19. The firm has a market capitalization of $23.95 billion, a price-to-earnings ratio of 58.10, a price-to-earnings-growth ratio of 1.47 and a beta of 0.94. ATI Inc. has a 1-year low of $70.42 and a 1-year high of $177.27. The company has a quick ratio of 1.17, a current ratio of 2.67 and a debt-to-equity ratio of 0.95.

ATI (NYSE:ATI – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The basic materials company reported $1.00 EPS for the quarter, beating the consensus estimate of $0.88 by $0.12. ATI had a net margin of 9.26% and a return on equity of 26.44%. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the prior year, the firm earned $0.72 EPS. The firm’s quarterly revenue was up .6% on a year-over-year basis. ATI has set its Q2 2026 guidance at 0.980-1.040 EPS and its FY 2026 guidance at 4.200-4.480 EPS. Sell-side analysts forecast that ATI Inc. will post 4.43 earnings per share for the current year.

ATI declared that its Board of Directors has authorized a share repurchase plan on Thursday, February 19th that allows the company to repurchase $500.00 million in outstanding shares. This repurchase authorization allows the basic materials company to reacquire up to 2.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on ATI shares. KeyCorp increased their price target on ATI from $167.00 to $175.00 and gave the stock an “overweight” rating in a research note on Monday, May 4th. Weiss Ratings restated a “buy (b-)” rating on shares of ATI in a research note on Friday, May 22nd. BTIG Research upped their price objective on shares of ATI from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Wall Street Zen cut shares of ATI from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $194.00 price target on shares of ATI in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, ATI has an average rating of “Buy” and an average target price of $164.38.

Check Out Our Latest Research Report on ATI

Insider Buying and Selling at ATI

In other news, CEO Kimberly A. Fields sold 40,000 shares of ATI stock in a transaction on Monday, May 11th. The stock was sold at an average price of $159.21, for a total transaction of $6,368,400.00. Following the transaction, the chief executive officer owned 277,763 shares in the company, valued at approximately $44,222,647.23. The trade was a 12.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director David J. Morehouse sold 6,609 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $154.25, for a total value of $1,019,438.25. Following the transaction, the director directly owned 38,168 shares in the company, valued at $5,887,414. The trade was a 14.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.98% of the stock is owned by insiders.

ATI Company Profile

(Free Report)

Allegheny Technologies Incorporated (ATI) is a global manufacturer of specialty materials and complex components, serving aerospace, defense, oil and gas, chemical processing, medical and other industrial end markets. The company operates through two main segments: High Performance Materials & Components, which produces titanium and nickel-based alloys, stainless and specialty steels, and precision forgings; and Flat-Rolled Products, which supplies stainless steel, nickel and specialty alloy sheet, strip and precision-rolled plate.